How to find a qualified mortgage broker in Toowoomba

If you’re thinking of buying property in Toowoomba, consider getting in touch with a local mortgage broker.

Mortgage Brokers Toowoomba Feature Image

Situated in the Darling Downs region of Queensland, Toowoomba is located 125km west of Brisbane. As the sixth largest city in Queensland, Toowoomba is the most populated inland city in Australia following Canberra.

Known as the “garden city”, Toowoomba is home to over 150 parks and gardens, and it hosts the annual Australian Carnival Festival of Flowers. With its leafy streets, abundance of schools and proximity to shops and other amenities, the city of Toowoomba is a sought-out location amongst students and mature couples.

Purchasing real estate is a big financial decision, which is why it’s worthwhile researching the market and getting in touch with local professionals to assist you in the process.

A mortgage broker can give you access to competitive mortgage products from a panel of lenders, and you’ll all be able to take advantage of their expertise and local market knowledge.

Toowoomba mortgage brokers comparison

Rates last updated July 25th, 2017
Details Features
Aussie Home Loans
Aussie Home Loans
Aussie is one of Australia's leading financial service providers, having won The Adviser’s Top Mortgage Broker award for the last 3 years. They charge no appointment fees and can meet at a time and place which suits you. Up to 20 lenders Enquire Now More info
eChoice Mortgage Brokers
eChoice Mortgage Brokers
When you do business with eChoice you will be given your own home loan manager to help you select a loan. 25 lenders Enquire Now More info
iConnect
iConnect
iConnect has hundreds of loans available through more than 40 lenders in Australia to choose from to find the home loan that is right for you. 40+ lenders Enquire Now More info
Pepper Money
Pepper Money
Pepper specialises in providing fair home loans to those who are credit impaired - from small defaults all the way up to discharged bankruptcies. Credit impaired home loans Enquire Now More info

Other brokers

  • Mortgage Choice Toowoomba
  • Toowoomba Home Loans
  • Smartline Personal Mortgage Advisers
  • Peter May Group
  • Interstate Finance and Leasing
  • Loan Market Toowoomba
  • Fox Finance and Leasing

What will a typical mortgage cost in Toowoomba?

The median house price for Toowoomba real estate is $355,000. For a 20% deposit, you would need to budget $71,000. If you were taking out a loan for the remaining balance of $284,000 at 4.5% interest over 30 years, your monthly repayments would be $

How is a mortgage broker paid?

Mortgage brokers receive a commission from the lenders they work with. This usually includes an upfront commission and an ongoing or “trailing” commission, both of which are based on the product type and volume of the transaction.

Learn more about how mortgage brokers are paid

How does a mortgage broker work?

Mortgage brokers in Toowoomba have expert local knowledge of the property market and can draw upon their panel of lenders to source a competitive mortgage product that suits your borrowing needs.

With an obligation to exercise duty of care, brokers are required to only recommend home loans that are suitable to your personal circumstances.

Learn more about the broker-client process


Picture: Anglican Hall by Allan Henderson, licensed under Creative Commons Attribution 2.0 Generic (image cropped)

Was this content helpful to you? No  Yes

Related Posts

More help from finder.com.au

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback